$724,900 - 301 S Reus St, Pensacola

*TURN KEY AND MOVE IN-READY WITH AN ASSUMABLE LOAN AT 4.9%.* Downtown corner lot zoned C-2 with option to live where you work! Discover an exceptional alternative to high-fee condominium living in the heart of downtown Pensacola. This meticulously maintained New Orleans-style residence/commercial property sits on a desirable corner lot just one block from Maritime Park and Blue Wahoos Stadium, and only two blocks from the vibrant downtown core and acclaimed Palafox Street. Built in 2023, the home offers modern construction and true low-maintenance living. The open-concept floor plan features high ceilings, luxury vinyl plank flooring, granite countertops, gas range, plantation shutters and a decorative stairwell. The primary suite includes a tray ceiling, generous closets, and an en-suite bath with a spacious walk-in shower and double vanity. Two private balconies—one off the living room and one from the primary bedroom—invite you to enjoy the city atmosphere and bay breeze. Additional features includes parking pad for two vehicles along with plenty of additional street parking for your guests, a tankless water heater, Hardi siding, low-maintenance Trex decking, and a fully fenced backyard with a beautiful paved patio.  Whether you’re seeking a refined primary residence, a seasonal retreat, or a strong short-term rental investment, this thoughtfully designed home delivers comfort, quality and unmatched convenience—all without the restrictions and unpredictable costs of condo living. Enjoy all of downtown’s dining, entertainment, and waterfront amenities that are just a short stroll away.